Mayer Steel Pipe Corporation

TWSE:2020 Stock Report

Market Cap: NT$7.4b

Mayer Steel Pipe Dividends and Buybacks

Dividend criteria checks 4/6

Mayer Steel Pipe is a dividend paying company with a current yield of 5.95% that is well covered by earnings.

Key information

6.0%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth13.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNT$1.667
Payout ratio38%

Recent dividend and buyback updates

Recent updates

Mayer Steel Pipe's (TWSE:2020) Profits May Not Reveal Underlying Issues

Nov 20
Mayer Steel Pipe's (TWSE:2020) Profits May Not Reveal Underlying Issues

Mayer Steel Pipe (TWSE:2020) Is Increasing Its Dividend To NT$2.00

May 10
Mayer Steel Pipe (TWSE:2020) Is Increasing Its Dividend To NT$2.00

Mayer Steel Pipe (TWSE:2020) Has Announced That It Will Be Increasing Its Dividend To NT$2.00

Apr 26
Mayer Steel Pipe (TWSE:2020) Has Announced That It Will Be Increasing Its Dividend To NT$2.00

We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings

Mar 21
We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings

Mayer Steel Pipe (TWSE:2020) Will Pay A Larger Dividend Than Last Year At NT$2.00

Mar 15
Mayer Steel Pipe (TWSE:2020) Will Pay A Larger Dividend Than Last Year At NT$2.00

We Think Mayer Steel Pipe (TPE:2020) Can Stay On Top Of Its Debt

Apr 08
We Think Mayer Steel Pipe (TPE:2020) Can Stay On Top Of Its Debt

How Does Mayer Steel Pipe Corporation (TPE:2020) Fare As A Dividend Stock?

Mar 24
How Does Mayer Steel Pipe Corporation (TPE:2020) Fare As A Dividend Stock?

Calculating The Intrinsic Value Of Mayer Steel Pipe Corporation (TPE:2020)

Mar 03
Calculating The Intrinsic Value Of Mayer Steel Pipe Corporation (TPE:2020)

Is Mayer Steel Pipe Corporation's (TPE:2020) Recent Stock Performance Influenced By Its Financials In Any Way?

Feb 16
Is Mayer Steel Pipe Corporation's (TPE:2020) Recent Stock Performance Influenced By Its Financials In Any Way?

Will The ROCE Trend At Mayer Steel Pipe (TPE:2020) Continue?

Feb 01
Will The ROCE Trend At Mayer Steel Pipe (TPE:2020) Continue?

Did You Participate In Any Of Mayer Steel Pipe's (TPE:2020) Fantastic 111% Return ?

Jan 19
Did You Participate In Any Of Mayer Steel Pipe's (TPE:2020) Fantastic 111% Return ?

Is Mayer Steel Pipe (TPE:2020) A Risky Investment?

Jan 06
Is Mayer Steel Pipe (TPE:2020) A Risky Investment?

Is Mayer Steel Pipe Corporation (TPE:2020) A Risky Dividend Stock?

Dec 24
Is Mayer Steel Pipe Corporation (TPE:2020) A Risky Dividend Stock?

We're Not Counting On Mayer Steel Pipe (TPE:2020) To Sustain Its Statutory Profitability

Dec 11
We're Not Counting On Mayer Steel Pipe (TPE:2020) To Sustain Its Statutory Profitability

Estimating The Fair Value Of Mayer Steel Pipe Corporation (TPE:2020)

Nov 28
Estimating The Fair Value Of Mayer Steel Pipe Corporation (TPE:2020)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2020's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2020's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Mayer Steel Pipe Dividend Yield vs Market
How does 2020 dividend yield compare to the market?
SegmentDividend Yield
Company (2020)6.0%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.6%
Industry Average (Metals and Mining)3.2%
Analyst forecast (2020) (up to 3 years)n/a

Notable Dividend: 2020's dividend (5.95%) is higher than the bottom 25% of dividend payers in the TW market (1.79%).

High Dividend: 2020's dividend (5.95%) is in the top 25% of dividend payers in the TW market (4.57%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (37.6%), 2020's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (173.3%), 2020's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 09:38
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mayer Steel Pipe Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kent ChenIBTS Investment Consulting Co., Ltd.
Suryanarayana PentakotaVirtua Research Inc.